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There was a tremendous amount of activity within the wholesale market this past week. When looking at the last few weeks, the numbers are pretty solid. While expecting solid retention, Black Book has also consistently said the level of retention would not be at those of 2012 and 2011.
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As the week progressed and comments arrived from the Black Book survey personnel, there were primarily three main descriptions of the auction activity and market: steady, good and strong.
Read More →Most prominently mentioned at recent auctions, according to Black Book, was how the Memorial Day holiday affected the wholesale market. At least word on the street was that retail activity was much better, which could lead to a more active wholesale market this coming week to fill many of those empty holes.
Read More →GAINESVILLE, GA - According to Black Book, only entry level cars was the only vehicle segment that increased over the past week, up by $10. Industry headlines vary from upbeat expectations on new-car sales leves and the rapid increase in gasoline prices.
Read More →Car and truck segment values fell last week by 0.57% and 0.36% respectively in what were significant drops from the prior week, Black Book has announced.
Read More →The values of sub-compact cars have depreciated an average of 24.2% in a year, which ranked at the top of the vehicle classes tracked by Black Book.
Read More →This week’s Black Book Market Insights report offers up data that shows how car segment depreciation has consistently picked up since January.
Read More →Sporty cars and compact vans saw the heaviest depreciation last week, according to Black Book’s Nov. 27 Market Insights report.
Read More →Trucks outperformed cars last week, driven in large part by the strength of compact vans, according to Black Book’s May 8 Market Insights report.
Read More →GAINESVILLE, GA - The movement in the market this past week required Black Book to make the second largest number of daily adjustments during the past year
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